This company discontinued its dividend after 2015.
Based on TTM and annual data · Not a buy/sell signal
This company does not pay dividends
Last dividend was paid in 2015. The company has not paid dividends in the last 10 years.
Does Forward Industries (FWDI) pay a dividend?
Forward Industries (FWDI) stopped paying a dividend after 2015 and pays nothing today. Free cash flow is currently negative, so there is no surplus to distribute. All figures are computed from company filings; this is analysis, not investment advice.
Frequently asked
Does Forward Industries (FWDI) pay a dividend?+
No. Forward Industries (FWDI) does not currently pay a dividend. The last payment in our data was in 2015, and nothing has been paid since.
How does Forward Industries return cash to shareholders?+
It largely does not. Forward Industries pays no dividend and we do not see a meaningful reduction in share count over the last twelve months, so cash is being retained in the business or spent on growth rather than returned. That is common for companies reinvesting heavily, and it means your return depends entirely on the share price.
Could Forward Industries afford to pay a dividend?+
Not currently. Forward Industries's free cash flow is negative at -$18 million, meaning the business consumed cash over the period rather than generating it. A company funding a dividend from cash it is not producing would be paying shareholders out of its balance sheet or borrowings, which is not sustainable.
Which financials companies do pay dividends?+
Our Financials sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Forward Industries.
SourceDividend analysis computed from the 10-Q filed 3 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 12 Oct 2026. How this is calculated.
Fiscal year ends Sep. Earnings payout = dividends / net income. FCF payout = dividends / FCF. Yield = TTM DPS / price.
Peers
Finance Services · Pick stocks to compare with FWDI
Held by ETFs
FWDI is in 4 US ETFs. The largest of them, with FWDI's weight in each:
Spot a number that looks wrong? Check it in FWDI's SEC filings or
Download this analysis as a PDF (Pro)
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Keep analysing FWDI
Create a free account and get 14 days of Premium: every stock and every tool.
- Unlimited stocks
- Stock screener
- Portfolio tracker
- Editable DCF
- Compare side by side
- Unlimited alerts
No card. Moves to Free after, unless you upgrade.
Already have an account?
Or come back tomorrow. Stocks on your watchlist are always free to view.